Bill Bradley on Revenue Neutrality and Tax Reform

The transcript discusses the complexities of tax reform, focusing on eliminating loopholes, corporate interest deductions, and the importance of revenue and distributional neutrality. It highlights the challenges of making tax policy decisions without full information, such as the President's tax returns, and the impact of tax cuts on different income groups. The conversation also reflects on past tax reforms, emphasizing the need to balance tax cuts with maintaining revenue neutrality and addressing the tax burden on various income brackets.

Discuss the relationship between tax cuts and the deficit as mentioned in the text.

In what ways can eliminating loopholes affect overall tax revenue?